Compare taxes and see how much you save moving from Greece to Portugal
Both countries aggressively target wealthy expats. Greece offers €100,000 FLAT TAX regardless of worldwide income (like Italy's regime) for 15 years. Portugal's NHR 2.0 gives 20% flat rate on Portuguese-source professional income for 10 years. At €500,000 income: Greece = €100,000 tax (20% effective). Portugal NHR = €100,000 tax (20% on Portuguese income, foreign may differ). For digital nomads: Greece's 50% income exemption beats NHR. For retirees: Portugal's 10% pension rate beats Greece. Choose Greece if: HNW with complex worldwide income, digital nomad, or want Golden Visa path. Choose Portugal if: professional income from Portuguese employer, retiree, or value 10-year runway.
Top Rate
Non-dom €100K flat option
Top Rate
NHR 2.0: 20% flat option
At €200,000+ (regime dependent) income:
That is Varies dramatically back in your pocket!
| Income | GR Tax | PT Tax | Savings | 10-Year |
|---|---|---|---|---|
| €80,000 (standard) | €26,000 | €28,500 | Greece saves €2,500 | €25,000 |
| €100,000 (NHR 2.0) | N/A | €20,000 (20% flat) | Portugal NHR wins vs standard | €150,000 vs standard |
| €200,000 (Greece non-dom) | €100,000 flat | €40,000 NHR / €73,000 standard | Portugal NHR saves €60,000 | €600,000 |
| €500,000 (Greece non-dom) | €100,000 flat (20% effective!) | €100,000 NHR / €215,000 standard | Similar at this level | €0 vs NHR |
| €50,000 pension (retiree) | €15,000 (standard rates) | €5,000 (10% NHR pension) | Portugal saves €10,000/yr | €100,000 |
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Hiring Internationally? Deel Handles Compliance →Depends on income level. At €200,000: Portugal NHR (20% = €40,000 tax) beats Greece flat (€100,000). At €500,000+: Greece wins (€100,000 = 20% effective vs Portugal's 20% on €500K = €100,000—equal). At €1 million: Greece's €100K flat = 10% effective. Clear winner for UHNW.
Remote workers employed by foreign companies can exempt 50% of income for 7 years, plus €3,000 per family member. A €100,000 salary = €50,000 taxable at regular rates (~€14,000 tax = 14% effective). You must not have been Greek tax resident for 5 of the past 6 years.
NHR 2.0 (from April 2024) requires working in 'high-value-added activities' (tech, research, executives) or for a certified company. Foreign pension tax increased from 0% to 10%. The 20% flat rate for qualifying professional income remains. Stricter, but still attractive vs standard 48% rates.
Portugal wins for retirees. NHR 2.0 taxes foreign pensions at 10% flat. Greece has no special pension regime—standard rates up to 44% apply. A €60,000/year pension: Portugal = €6,000 tax, Greece = €20,000+ tax. Massive difference that makes Portugal the clear choice.
Greece: Yes—Golden Visa for €250,000 property investment (€500,000 in Athens/Thessaloniki). Portugal: No longer—property investment route ended in 2023. Only investment funds (€500,000+) or job creation qualify. Greece is now the easier path for property-based residency in the EU.